Bitcoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary.

Despite being exposed to attacks all the time, the Bitcoin network hasn’t had a minute of downtime in almost a decade of existence. Neil du Toit explores how the Bitcoin network is anti-fragile through exposure.